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INDIAN REAL ESTATE MILLIONAIRES CLUB

With a bold foresight and strategic investments, these real estate developers have turned land into million rupees empires.

BY Realty+
Published - Tuesday, 14 Oct, 2025
INDIAN REAL ESTATE MILLIONAIRES CLUB

Rajiv Singh (DLF) Net Worth: Rs1.27 lakh crore
The chairman of DLF leads India’s largest listed real estate firm, expanding into 15 states and 24 cities, diversifying geographical risk and creating a national presence.

Mangal Prabhat Lodha and family Net Worth: Rs92,340 crore
Mangal Prabhat Lodha is the Founder of Lodha Group and has served as the MLA for the Maharashtra Vidhan Sabha, representing the Malabar Hill constituency for five consecutive terms since 1995.

Gautam Adani and family (Adani Realty) Net Worth: Rs52,320 crore
Gautam Adani and his family control Adani Realty, the real estate arm of Adani Group, a major player in India’s prop erty market with projects in residential, commercial, and retail sectors.

Chandru Raheja Net Worth: Rs42,585 Crore
As Chairman of K Raheja Corp, he transformed the company post-1996. With sons Neel and Ravi leading operations, it is known for its Mindspace IT parks, InOrbit malls, Chalet Hotels and high-end residential projects.

Vikas Oberoi (Oberoi Realty) Net Worth: Rs37,390 crore
Vikas Oberoi is the Chairman of Oberoi Realty, and the firm’s portfolio includes high-end residential projects, commercial spaces, and luxury hotels.

Basant Bansal and family (M3M India) Net Worth: Rs26,140 crore
Basant Bansal founder of M3M Group that is based in Gurugram and is one of the fastest-growing real estate conglomerates.

Atul Ruia and family (The Phoenix Mills) Net worth: Rs26,140 crore
Atul Ruia parlayed his family’s ailing textile empire into a major real estate player with interests in retail, commercial, residential & hospitality. The bulk of the wealth is tied to listed mall segment -The Phoenix Mills.

Raja Bagmane Net Worth: Rs25,270 crore
Raja Bagmane, founder of the Bagmane Group, has led the group to build landmark commercial spaces in Bengaluru. His real estate influence spans tech parks, SEZs, and sustainable developments.

Ajay Piramal (Piramal Realty) Net Worth: Rs23,170 crore
Ajay Piramal is the chairman of Piramal Group, which includes real estate operations and has significant interests in pharmaceuticals and financial services.

Jitendra Virwani Net Worth: Rs22,545 Crore
As Chairman of Embassy Group, he pioneered Grade A business parks and co working spaces with WeWork India. In 2019, the Embassy and Blackstone, a private equity firm, listed India’s first-ever REIT.

Niranjan Hiranandani Net Worth: Rs18,000 Crore
Niranjan Hiranandani -founder of the Hiranandani Group transformed Mumbai’s skyline with landmark projects. The group’s diverse portfolio includes residential, commercial and data centre projects

Irfan Razack (Prestige Estates Projects) Net Worth: Rs14,510 crore
Irfan Razack is chairman and managing director of Bangalore headquartered Prestige Estates Projects with a portfolio including residential, commercial, retail and hospitality.

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